Jul 5, 2011 1:00pm PDT
daily show with jon stewart." captioning sponsored by comedy central [theme song playing] [cheering and applause] >> jon: welcome to "the daily show." my name is jon stewart. oh, we got a big one tonight. our guest tonight, mr. tom hanks. he is man so likable, so polite that his name actually contains the word "thanks." [laughter] it's right in it. we begin tonight with the economy, which, as many of you are aware, sucks. [laughter] right now we're looking to pay down $14.3 trillion of debt. [audience reacts] [laughter] apparently i'm reading a scary story to my children. they're going to do all the noises like it's "peter and the [bleeped] wolf or something." we're going to pay down $14. trillion of debt with a economy struggling to produce jobs, in large part because american workers still stubbornly cling to the idea that they should be more highly compensated than say suicidal chinese computer part factory help. [laughter] if it's good enough of these despondent people, well, not to worry, people. >> i just want to say a few words about the economy before i take your questions.
Jul 5, 2011 2:05am PDT
take your questions. >> jon: economy press conference. hooray! [cheering and applause] so what do we do, boss? >> the struggles of middle-class families were a big problem before the recession hit in 2007. they weren't created overnight, and the truth is our economic challenges are not going to be solved overnight. >> jon: but by monday... [laughter] monday? you got a plan? >> one of the most important and urgent things we can do for the economy is something that both parties are working on right now, and that's reducing our nation's deficit. >> jon: phew. well, thank god we know what to do, and that's not going to be too hard, right? >> we're going to have to tackle spending in the tax code to make it easier for entrepreneurs to patent a new product, rebuilding our transportation structure, eliminate waste, tackle entitlement, extend those middle-class tax cuts, help businesses create jobs. we got to seize this moment, and we have to seize it soon. [laughter] >> jon: what? of course, the first thing before we get to any of that stuff... [laughter and applause] that's why we get paid th
Jul 5, 2011 7:00am EDT
,000,000.20000000 dollars, the next four candidates according to these figures, tim pawlenty, ron paul, jon pawlenty, ron paul, jon huntsman, that does not even add up to 15 million. it is still seen as a slow money raising cycle? guest: because mitt romney had done the things that were necessary to get off to a fast start. relative to the rest of the field, however, when you look at this point in the 2008 cycle, mitt romney raised more than $20 million. rudy giuliani, $17 million. john mccain, the eventual nominee, $11 million. three big guns out front, competing against an open democratic field, we did not know that president obama's fund-raising operation would be the juggernaut that it turned out to be. at that point, with an unknown opponent, there was more fund- raising by individual candidates and folks using the gop nomination than we see at this point in a comparable cycle where we do know who the opponent is going to be. they know that money will be important and yet the numbers are substantially behind. it is disappointing. it has to be a letdown for the republican field. host: kenneth vogel w
Jul 5, 2011 5:00am EDT
trail. massachusetts governor mitt romney and former utah governor jon huntsman marched in a parade in new hampshire. newt gingrich and michele bachmann and rick santorum joined a parade in iowa. >>> prince william and his wife kate middleton are wowing crowds. on prince edward island yesterday, prince william got behind the controls of the military helicopter. kate watched from the ground, but later they competed in a dragon boat race. they leave for three day trip to california on july 8. >>> tyler ferrar is in france, and it did not stop him from celebrating an independent state. he became the first ever american to win this stage of the tour de france on the fourth of july. it's his first personal victory in the prestigious race. his teammate retains the yellow jersey. >>> 5:48. take a look at the weather today. how's it looking? >> not too humid. light to moderate. almost a break from the humidity. it is not a complete reprieve. a little bit of a fluctuation. >> we will take it. >> it will be back tomorrow. that is for sure. take a look at the chesapeake bay this morning. ling